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Rupee moves driven by global and domestic factors, FM Sitharaman says RBI steps in only to curb volatility
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Finance Minister Nirmala Sitharaman stated that the rupee's fluctuations are driven by global and domestic factors, with the RBI intervening only to curb excessive volatility, not to fix a specific rate. She also highlighted India's position as the fastest-growing major economy and addressed the Karnataka funding row, emphasizing the Finance Commission's role in fund allocation. What's Your Reaction?
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